CONTACT US

Our Address

Science Avenue, High-tech Zone, Zhengzhou City, Henan Province, China

  • Free Carried Interests in Francophone Africa Mining ...

    作者: Daye Kaba
  • Free Carried Interests in Mining Projects, States Need

    Natural Resource Governance Institute has issued a report on revenues received from listed mining companies in Ghana. As many who have done the cashflow analysis have long known that a free carried interest, funded out of cashflow is a less than effective tool for garnering rent from resource projects. Projects can often take many years Continue reading Free Carried Interests in Mining ...

  • what is a carried interest? « PRACTICAL STOCK

    carried interest. A carried interest is a participation in an investment venture where the holder gets a share of the cash generated by the project (profits or cash flow) without having to contribute anything to the venture’s costs. The holder of such an interest is “carried” in the sense that the other venture participants pick up the ...

  • South African Miners Say Free Carry Will Kill New

    2018-6-18  To be sure, the concept of a free-carried interest isn’t new for the mining industry. Countries including Mali, Tanzania and the Democratic Republic of Congo require mining companies to provide ...

  • Minerals Council against 5% free carried interest -

    New applications, however, are required to have a 30% BEE shareholding, including at least 5% free carried interest to each of the employees of the mining company and the community surrounding the ...

  • free carried interest - Traduction française – Linguee

    Upon earning its 70% interest, Golden Valley will maintain a free-carried interest of 30% to production. goldenvalleymines l'acquisition d'une participation à hauteur de 70 %, Mines Vallée de l'Or conservera une participation de 30 % sans apport de fonds propres jusqu'à la mise en production.

  • DRC wants 35% free carry equity in mining projects

    2012-10-31  The Democratic Republic of Congo (DRC) has officially confirmed that it wants 35% free carry equity in mining projects under its revised mining code. The DRC – a copper and cobalt producer with rich deposits of zinc, diamonds, gold, tungsten, iron, tin and coltan – also seeks to raise mineral ...

  • Carried Interest Definition - Investopedia

    2020-2-6  Carried interest, or carry, is a share of any profits that the general partners of private equity and hedge funds receive as compensation, regardless of whether or not they contributed any initial ...

  • What does free carried interest (FCI) mean? - Quora

    I used Google to look this up. Carried Interest, the term without the ‘free’ modifier, is actually in the financial and political news in the US right now, with regards to tax policy. Looking up Carried Interest, we find that it is an equity inter...

  • Mining Law - VELMA Law

    The Government’s free carried interest and right to participate in the mining operations are some of the key provisions that are set out in the MDA. The Mining Act provides indigenous rights to holders of primary mining licences and gemstone mining licences. These licences are only issued to Tanzania citizens or mining companies where the ...

  • free carried interest - Traduction française – Linguee

    Upon earning its 70% interest, Golden Valley will maintain a free-carried interest of 30% to production. goldenvalleymines l'acquisition d'une participation à hauteur de 70 %, Mines Vallée de l'Or conservera une participation de 30 % sans apport de fonds propres jusqu'à la mise en production.

  • What does free carried interest (FCI) mean? - Quora

    I used Google to look this up. Carried Interest, the term without the ‘free’ modifier, is actually in the financial and political news in the US right now, with regards to tax policy. Looking up Carried Interest, we find that it is an equity inter...

  • Minerals Council against 5% free carried interest -

    New applications, however, are required to have a 30% BEE shareholding, including at least 5% free carried interest to each of the employees of the mining company and the community surrounding the ...

  • South African Miners Say Free Carry Will Kill New

    2018-6-18  To be sure, the concept of a free-carried interest isn’t new for the mining industry. Countries including Mali, Tanzania and the Democratic Republic of Congo require mining companies to provide ...

  • Free carried interest - Mining Prospectus

    The percentage of participating interest is not clear, as the bill does not specify whether the free carried interest will remain at 10%, or increase. “There is also no indication that the state will make any contribution to costs. Moreover, the state has an option to acquire a further interest on terms that it decides,” said Oberholzer.

  • Mining 2020 Laws and Regulations Ghana ICLG

    4.5 Does the State have free carry rights or options to acquire shareholdings? The State is entitled to 10% free carried interest in an entity engaged in mining. This does not preclude the Government from any other or further participation in mineral operations that may be agreed with the holder of the mineral.

  • Oil and gas industry seeks clarity concerning 20% free ...

    Government’s plans to have a 20% free-carry interest in all new oil and gas ventures in South Africa and to acquire a further 30% at market- related rates has caused con- sternation in the ...

  • Mining Law - VELMA Law

    The Government’s free carried interest and right to participate in the mining operations are some of the key provisions that are set out in the MDA. The Mining Act provides indigenous rights to holders of primary mining licences and gemstone mining licences. These licences are only issued to Tanzania citizens or mining companies where the ...

  • Mining development agreements - Clyde Co

    2017-3-2  “free carried interest” as the interest derived from holding shares of which the holder enjoys all the rights of a shareholder but has no obligation to subscribe or contribute equity capital for the shares. The 2010 Act further provides that the level of free carried interest and state participation in any mining

  • Kenya New Mining Act 2016 Mining Law in Kenya

    Concerns surrounding the Mining Act include the pre-emption rights of the government in relation to strategic minerals, the government’s 10% free carried interest, and the requirement for the listing of 20% of the equity of large-scale projects.

  • South African Miners Say Free Carry Will Kill New

    2018-6-18  To be sure, the concept of a free-carried interest isn’t new for the mining industry. Countries including Mali, Tanzania and the Democratic Republic of Congo require mining companies to provide ...

  • Report: Vanstar Mining – A thorn in the side of

    At this point, Vanstar Mining can just sit back, relax, and enjoy the ride: IAMgold is doing all the work and investing all the money while Vanstar will just get ‘diluted’ down to a 20% free carried interest. A free carried interest that could easily be worth half a billion Canadian Dollar (if we would assume 3 million recoverable ounces ...

  • DRC wants 35% free carry equity in mining projects

    2012-10-31  The Democratic Republic of Congo (DRC) has officially confirmed that it wants 35% free carry equity in mining projects under its revised mining code. The DRC – a copper and cobalt producer with rich deposits of zinc, diamonds, gold, tungsten, iron, tin and coltan – also seeks to raise mineral ...

  • Legal Alert New Mining Act Series The Immediate

    The Mining Act, 2016 and the new Regulations prescribe that the Government shall be entitled to a 10% free carried interest in all mining and prospecting licences over large-scale mining operations. In addition, companies making capital expenditures above a yet-to-be prescribed threshold shall be required to list 20% of their shares on a local stock []

  • Free carried interest - Mining Prospectus

    The percentage of participating interest is not clear, as the bill does not specify whether the free carried interest will remain at 10%, or increase. “There is also no indication that the state will make any contribution to costs. Moreover, the state has an option to acquire a further interest on terms that it decides,” said Oberholzer.

  • Mining Law - VELMA Law

    The Government’s free carried interest and right to participate in the mining operations are some of the key provisions that are set out in the MDA. The Mining Act provides indigenous rights to holders of primary mining licences and gemstone mining licences. These licences are only issued to Tanzania citizens or mining companies where the ...

  • Mining development agreements - Clyde Co

    2017-3-2  “free carried interest” as the interest derived from holding shares of which the holder enjoys all the rights of a shareholder but has no obligation to subscribe or contribute equity capital for the shares. The 2010 Act further provides that the level of free carried interest and state participation in any mining

  • THE DEFINITIVE GUIDE TO CARRIED INTEREST

    2019-7-26  Carried interest point allocation methodologies 198 Fund-level allocation 200 Vintage-year allocation 201 Deal-by-deal allocations 202 Vesting parameters 203 Partner termination and new hire treatment 204 Choosing the right carry structure 204 Industry changes to carry plans 205

  • Corporate income taxes, mining royalties and other

    2015-6-3  PwC Corporate income taxes, mining royalties and other mining taxes—2012 update 1 This summary of income taxes, mining taxes and mining royalties should allow the reader to roughly compare the various governmental costs of investing in a mining operation in a particular country. The countries included in this comparative

  • IFRS and the mining industry - IAS Plus

    under GAAP for mining entities is consistent with IAS 16 and can be carried forward. However, on conversion to IFRS, an entity has the option of deeming the fair value of any PPE asset at that date as its cost. Such choices may have a significant impact on opening equity and on future earnings. Independently, after initial

  • South African Miners Say Free Carry Will Kill New

    2018-6-18  To be sure, the concept of a free-carried interest isn’t new for the mining industry. Countries including Mali, Tanzania and the Democratic Republic of Congo require mining companies to provide ...

  • Report: Vanstar Mining – A thorn in the side of

    At this point, Vanstar Mining can just sit back, relax, and enjoy the ride: IAMgold is doing all the work and investing all the money while Vanstar will just get ‘diluted’ down to a 20% free carried interest. A free carried interest that could easily be worth half a billion Canadian Dollar (if we would assume 3 million recoverable ounces ...

  • Free carried interest - Mining Prospectus

    The percentage of participating interest is not clear, as the bill does not specify whether the free carried interest will remain at 10%, or increase. “There is also no indication that the state will make any contribution to costs. Moreover, the state has an option to acquire a further interest on terms that it decides,” said Oberholzer.

  • Westgold diversifies into Bryah Basin copper -

    2020-7-10  Westgold will now secure the remaining 20 per cent gold interest held by Jackson via its subsidiary Aragon Resources, on top of a further 20 per cent free carried interest in the Forrest and ...

  • Proposed state option to acquire ‘free carried interest ...

    The uncertainly created by the “free carried interest” provided for in the draft Mineral and Petroleum Resources Development Bill may discourage potential investors in South Africa’s oil and gas industry. Lizel Oberholzer, director at Bowman Gilfillan, the leading pan-African corporate law firm with a team dedicated to the oil and gas sector, commented: “At present the State’s ...

  • free carried interest Archives - ParlyReportSA

    Mineral and Petroleum Act extends State rights New MPRDA starts with 20% free carry, maybe more. The Mineral and Petroleum Resources Development Amendment Bill, the legislation that will give the state a right to a 20% free carried interest in all new exploration and production rights in the energy field, has been passed by Parliament before it closed and sent to President Zuma for assent.

  • Mining in Tanzania - gbreports

    2018-2-18  participation in mining projects, as a means to extract economic benefit and provide a measure of control and knowl-edge transfer. Under the 2010 act, the government may now negotiate with any mineral right to acquire free-carried inter-est and state participation in any mining operations (with no obligation to contrib-

  • First Mining Gold: News Releases

    January 27, 2020 – Vancouver, BC – First Mining Gold Corp. (“First Mining” or the “Company”) (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce that it has entered into a binding term sheet with Auteco Minerals Ltd (“Auteco”) (ASX: AUT) whereby Auteco may earn up to an 80% interest in First Mining’s Pickle Crow Gold Project (“Pickle Crow” or the “Project ...

  • Bibiani - Resolute Mining

    The Government of Ghana is entitled to a 10% free carried interest in Mensin Gold Bibiani Limited. Since assuming ownership in 2014 Resolute has embarked on two surface and underground resource drilling programs to re-assess the underground mine potential and in June 2018 released an update to its June 2016 feasibility study.

  • Minerals and Mining Act - Natural Resource Governance ...

    2016-2-20  Minerals and Mining Act, 2006 Act 703 65. Offence and penalties under sections 62 to 64 66. Powers of search and arrest Surrender, suspension and cancellations of mineral rights 67. Surrender of mineral rights 68. Suspension and cancellation of mineral right 69. Suspension or cancellation of mining lease or restricted mining lease 70.